8 stories tagged #Blockfills

  1. ASIC Warns Gen Z on AI Finfluencer Risks
    crypto

    ASIC Warns Gen Z on AI Finfluencer Risks

    Australia’s financial watchdog alerts young investors about dangers of relying on AI tools and social media influencers for crypto advice, citing widespread trust in unverified digital sources.

    2mo ago 1 min read
  2. BlockFills Files for Chapter 11 Amid Crypto Liquidity Crisis
    crypto

    BlockFills Files for Chapter 11 Amid Crypto Liquidity Crisis

    Crypto trading firm BlockFills files for Chapter 11 bankruptcy after $75M in loan losses and a $100M-$500M liability gap. Client services halted amid market volatility.

    2mo ago 1 min read
  3. Crypto Firm Blockfills Files for Bankruptcy
    crypto

    Crypto Firm Blockfills Files for Bankruptcy

    Chicago-based crypto trading firm Blockfills has filed for Chapter 11 bankruptcy after $75M in losses and a federal lawsuit over misused client funds.

    2mo ago 1 min read
  4. BlockFills Files Chapter 11 After Halting Withdrawals
    crypto

    BlockFills Files Chapter 11 After Halting Withdrawals

    Chicago-based crypto platform BlockFills enters Chapter 11 bankruptcy with up to $1 billion in assets and half a billion in liabilities amid client fund disputes.

    2mo ago 1 min read
  5. BlockFills Operator Reliz Ltd. Files Chapter 11 After $77M Shortfall, 70 BTC Frozen
    crypto

    BlockFills Operator Reliz Ltd. Files Chapter 11 After $77M Shortfall, 70 BTC Frozen

    Crypto liquidity provider BlockFills and affiliated entities filed Chapter 11 in Delaware amid frozen client Bitcoin and allegations of commingled assets and a $77 million balance sheet shortfall.

    2mo ago 1 min read
  6. Crypto Lender BlockFills Files for Bankruptcy
    crypto

    Crypto Lender BlockFills Files for Bankruptcy

    BlockFills, a crypto lending platform, has filed for Chapter 11 bankruptcy after suspending deposits and withdrawals amid a severe market downturn.

    2mo ago 1 min read
  7. Crypto Firm BlockFills Faces Restructuring Amid Massive Losses and Lawsuit
    crypto

    Crypto Firm BlockFills Faces Restructuring Amid Massive Losses and Lawsuit

    Chicago-based crypto platform BlockFills is undergoing restructuring due to significant financial losses and a customer lawsuit alleging mishandling of funds.

    3mo ago 1 min read
  8. Blockfills CEO Exits Amid $75 Million Crypto Lending Losses
    crypto

    Blockfills CEO Exits Amid $75 Million Crypto Lending Losses

    Nicholas Hammer, co-founder and CEO of Blockfills, has stepped down following significant lending losses and the suspension of client deposits and withdrawals.

    3mo ago 1 min read